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Author Topic: How to choose the right ICO  (Read 1005 times)
bhoybitcoin
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August 29, 2017, 05:37:42 PM
 #21

the most important things to look at before participating in an ICO:

•   The team - the founders must have experience and knowledge in the relevant industry. someone who did it before!

•   The token - availability of the coin will and what is the added value of the coin in the ecosystem

•   The future plan- what is the plan of the business and how they are going to achieve it.

what are your thoughts? what do you think is important?

thats the thing that i use to be see when i am choosing an ico that i want to join and i want to invest for, it is good to see first the platform of the project if you doesnt even know or even understand it there will be whitepaper or a website that has been translated to your native language for you to understand it well but the list that you have been stated above is good.

Yeah, I think this three criteria is important specially if you're a beginner. Think wider, try to understand every details of the ICO you're planning to join in. Plus, your personal studies about it is a good help.

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August 29, 2017, 05:47:44 PM
 #22

the most important things to look at before participating in an ICO:

•   The team - the founders must have experience and knowledge in the relevant industry. someone who did it before!

•   The token - availability of the coin will and what is the added value of the coin in the ecosystem

•   The future plan- what is the plan of the business and how they are going to achieve it.

what are your thoughts? what do you think is important?


I agree with your choices, well honestly, I think everything about altcoins are very hard to speculate. There are some altcoins that are popular just before their ICO's but ended up with less investment after ICO's. I think if coin developer's team are quite famous it would attract a lot of investors and that would be good to consider.

 
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LadderHero
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August 29, 2017, 09:32:06 PM
 #23

I agree with you. Also you should look some media source about a company and its project. Plus one of the most important point is White Paper. And if a company has previous projects it will be good to study it.
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August 29, 2017, 09:53:46 PM
 #24

It is all about risk and return, ROI and time you plan to keep your investment. If you look in the top 10 market cap cryptos, you have almost no information about them. Just look at Satoshi Nakamoto, no one knows him and it is the King of market cap. A safer looking ICO doesn't create guaranties about future return. All of them are VERY HIGH RISK, VERY HIGH RETURN. If you are looking for safety, it is better to leave crypto market. Rule of thumb: expect the worst !

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August 29, 2017, 10:04:02 PM
 #25

Do you have any reliable source - some website with professional ICO reviews,  site which will give spotlight to new crypto projects we can choose from?
I know about http://www.icocountdown.com/ but I want to know if there are some other websites we can use to find info about upcoming ICOs?
ICO investing is a risk no matter how good our initial impression is, only time will verify everything.
JohnDoe3490
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August 29, 2017, 10:07:15 PM
 #26

Do you have any reliable source - some website with professional ICO reviews,  site which will give spotlight to new crypto projects we can choose from?
I know about http://www.icocountdown.com/ but I want to know if there are some other websites we can use to find info about upcoming ICOs?
ICO investing is a risk no matter how good our initial impression is, only time will verify everything.


Hacked.com gives a great insight into ICOs including a risk rating.
jerkoin
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August 29, 2017, 11:45:06 PM
 #27

Well, personally, If would wanna throw up an answer to this question, I'd probably ... diving into the ICO use cases, business model and competitive advantages are because most ICOs these days do not even have business plans or pitch deck. They see the millions they're raising as a sort of business model which is not good for other early stage startup struggling to penetrate their respective target markets.
mace15
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August 29, 2017, 11:51:50 PM
 #28

I agree with you. Also you should look some media source about a company and its project. Plus one of the most important point is White Paper. And if a company has previous projects it will be good to study it.
I agree with the above lists on how to choice most suited ICO to invest. The roadmap of the project is a plus, yes their future plan on how to attract more investors of the project. Because at first its hard to know the right ICO so I think we can follow the suggestions and ofcourse we have to do some research and study the project before investing of our hard earn money.
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August 30, 2017, 04:27:29 AM
 #29

the most important things to look at before participating in an ICO:

•   The team - the founders must have experience and knowledge in the relevant industry. someone who did it before!

•   The token - availability of the coin will and what is the added value of the coin in the ecosystem

•   The future plan- what is the plan of the business and how they are going to achieve it.

what are your thoughts? what do you think is important?

\
Choose the right and the best one. The team of the ICO must have the details about their experiences and educational attainment. Token is the main subject of the ICO to run the project. Budget allocated for the respective bounty like facebook campaign, signature and etc,. All your statement above are good points to consider before you run an ICO project.

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August 30, 2017, 10:46:59 AM
 #30

In my opinion the only good way to choose the right ICO is to understand and like a concept and its realisation of project. For example now I am going to invest in Anryze - a distributed speech recognition platform. It's a good innovation in voice recognition and transcribing, so a project is really useful!
If interested look at tokensale.anryze.com
Bit-talker1
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August 30, 2017, 11:13:34 AM
 #31

In my opinion, the most important thing in new ICO porjects is economics and market
The team and the project shoul create a real demand on their token or have a real valueable technology for customers.
That is the most important thing.
wbulot
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August 30, 2017, 11:20:24 AM
 #32

For me it depends of what I want to do with this ICO. If the goal is just to make money, then the only thing that I look is if the ICO is popular.
Whatever the shitcoin that will be created, if everyone want it, you will make money the first day it will be released.
anastasia_k
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August 30, 2017, 11:23:18 AM
 #33

I agree with you. Also you should look some media source about a company and its project. Plus one of the most important point is White Paper. And if a company has previous projects it will be good to study it.

I agree with what you've wrote. I look for these items when I'm choosing ICO
Muhammad Muneeb
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August 30, 2017, 05:46:05 PM
 #34

read the white paper thoroughly and their idea, their product what are they going to deliver.

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